Building Boom Goes On – Major construction projects in Atlantic City, NJ

Trump Taj Mahal: $250 million, 800-room hotel tower to break ground next month. Scheduled to open in 2008.

Borgata Hotel Casino & Spa:  $525 million project is under way. Phase I is a $200 million expansion, to be unveiled next week, with restaurants, stores and gambling space. Phase II is a $325 million, 800-room hotel tower; construction began in 2004, and the tower is to open late in 2007.

Harrah’s: $550 million expansion that includes a retail and entertainment center to open this year, and a 964-room hotel tower to open in 2008. Construction began in March. Also, $100 million in renovations are under way in the casino and hotel. Continue reading “Building Boom Goes On – Major construction projects in Atlantic City, NJ”

Developers (and Buyers) Are All In for the Second-Home Market

By NY Times Columnist By Louise Tutelian

Many developers are attracted to the possibilities of Atlantic City for growth, and it’s a city where both the sea and the beach abound.  Many other shore towns’ markets are tapped out, and this makes Atlantic City a great potential for real estate appreciation.

Currently, Atlantic City boasts over 1,500 luxury housing units with more being built all the time.  High-end retailers have moved in, headliners come to entertain, and fine dining establishments are the main-stay.  As the commercial end grows, condos are following suit.

Read more here.

10 Ways To Get Your Price

By Realty Times Columnist M. Anthony Carr

Thinking outside the box to attract buyers is the smart thing to do when you’re selling your home.  Get creative in order to get your home sold and at or close to your asking price. 

For instance, do you have any unfinished space in your home that could be made into a rec room?  This adds more usable space to your home and makes it even more attractive to the buyer.  Buyers love lots of living space, and adding a rec room is the perfect addition to creating that feeling.

Click here for more ideas.